The cure to the cost-of-living crisis? A fossil fuel detox and retrofit revolution

clock • 4 min read

The government must revamp its 'half-hearted' windfall tax to divert fossil fuel firms' bumper profits into home energy efficiency upgrades and support for low-income households, writes Ashden's Harriet Lamb

August has kicked off in style with oil giant BP announcing eye-watering quarterly profits of $8.45bn (£6.9bn), the highest in 14 years. As senior executives welcome these rocketing profits, ordinary people...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Policy

 Extreme weather is 'opening the floodgates' to nature invaders, green groups warn

Extreme weather is 'opening the floodgates' to nature invaders, green groups warn

Campaigners call for an increase in UK biosecurity budget, as experts warn more intense rainfall will drive a 'surge' in invasive species that will damage the economy

Cecilia Keating
clock 20 May 2024 • 4 min read
Sensible, pragmatic policy can improve water quality in the UK

Sensible, pragmatic policy can improve water quality in the UK

With just months remaining of this Parliament, government needs to get on with the regulation and legislation critical to cleaning up waterways, writes CEN's Kitty Thompson

Kitty Thompson, Conservative Environment Network
clock 20 May 2024 • 4 min read
Global Briefing: White House slaps tariffs on Chinese clean tech imports

Global Briefing: White House slaps tariffs on Chinese clean tech imports

President Biden cracks down on Chinese clean tech imports, Diageo ramps up net zero investment, and floating wind turbine technology advances in France

James Murray
clock 17 May 2024 • 6 min read